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21 of the most amazing Warren Buffett quotes about life and investing

1.) "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." - Warren Buffett

2.) "It's never paid to bet against America. We come through things, but it's not always a smooth ride." - Warren Buffett

3.) "In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497." - Warren Buffett

4.) "I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life." - Warren Buffett

5.) “If you aren't thinking about owning a stock for ten years, don't even think about owning it for ten minutes.” - Warren Buffett

6.) "In the business world, the rearview mirror is always clearer than the windshield." - Warren Buffett

7.) "Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett

8.) "I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years." - Warren Buffett

9.) "You only have to do a very few things right in your life so long as you don't do too many things wrong." - Warren Buffett

10.) "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." - Warren Buffett

11.) "We always live in an uncertain world. What is certain is that the United States will go forward over time." - Warren Buffett

12.) "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." - Warren Buffett

13.) "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." - Warren Buffett

14.) "Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful." - Warren Buffett

15.) "Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas." - Warren Buffett

16.) "The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective." - Warren Buffett

17.) "Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett

18.) "If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy." - Warren Buffett

19.) "Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, “I can calculate the movement of the stars, but not the madness of men.” If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases." - Warren Buffett

20.) "It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction." - Warren Buffett

21.) "There comes a time when you ought to start doing what you want. Take a job that you love. You will jump out of bed in the morning. I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume." - Warren Buffett